Share India Securities Limited has issued a postal ballot notice seeking shareholder approval for the appointment of Mr. Arun Kumar Jain as a Non-Executive Independent Director and the re-appointment of Mr. Piyush Mahesh Khandelwal as a Non-Executive Independent Director. Both appointments are proposed for terms of five consecutive years, subject to shareholder approval through remote e-voting.

The remote e-voting facility, facilitated through Central Depository Services (India) Limited (CDSL), will commence at 9:00 a.m. IST on Wednesday, April 22, 2026, and conclude at 5:00 p.m. IST on Thursday, May 21, 2026. The cut-off date for determining eligibility to vote is Friday, April 10, 2026. The results of the postal ballot will be declared on or before 5:00 p.m. IST on Monday, May 25, 2026.

Proposed Director Appointments

Mr. Arun Kumar Jain was appointed as an Additional Director designated as Independent Director effective March 5, 2026, following a Board meeting on January 27, 2026. He holds M.Sc. and LL.B. degrees and has served as Chairman of the Central Board of Direct Taxes (CBDT) during his career in the Indian Revenue Service. He currently serves as a Non-Executive Independent Director on the Board of GHCL Limited since April 1, 2019. During his proposed term, Mr. Jain will attain the age of 75 years on January 4, 2031, requiring a Special Resolution for continuation of his directorship under Regulation 17(1A) of the Listing Regulations.

Mr. Piyush Mahesh Khandelwal has been serving as a Non-Executive Independent Director since March 3, 2021, following approval at the 27th Annual General Meeting held on September 15, 2021. The Nomination and Remuneration Committee has recommended his re-appointment for a second term commencing March 3, 2026. Mr. Khandelwal is a Chartered Accountant with a postgraduate degree from Mumbai University and holds CFA Level II (USA) certification. He currently serves as Head – Family Office at CMS Computers India Private Limited and brings nearly 15 years of experience in global treasury management, investments, corporate finance, and cross-border transactions.

Key Details of Directors

The Board of Directors has appointed Mr. Naveen Kumar, Practicing Company Secretary of M/s N. Kumar & Associates (COP No. 22084), as the Scrutinizer to ensure a fair and transparent postal ballot process. The postal ballot notice is being sent through electronic mode only to members whose email addresses are registered with Depository Participants as on the cut-off date. The notice and explanatory statement are available on the company's website at www.shareindia.com .

Share India Securities Limited has published mandatory newspaper advertisements following the National Company Law Tribunal (NCLT) order dated April 09, 2026, regarding its proposed scheme of amalgamation with Silverleaf Capital Services Private Limited.

NCLT Hearing Details

The company has informed stock exchanges that the hearing for the Joint Second Motion Petition is scheduled for May 15, 2026, at 10:30 A.M. before the Hon'ble National Company Law Tribunal, Ahmedabad Bench. The hearing will take place at the Corporate Building, Beside Zydus Hospital, Thalaj, Ahmedabad-380015, Gujarat.

Regulatory Compliance and Advertisement Publications

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published advertisements in compliance with Sections 230-232 of the Companies Act, 2013. The company has now published advertisements in multiple newspapers and languages:

In its latest disclosure dated April 17, 2026, the company informed stock exchanges about the additional newspaper advertisement published in Gujarati language, ensuring broader public accessibility to the amalgamation notice.

Amalgamation Structure

The scheme involves the amalgamation of Silverleaf Capital Services Private Limited (Transferor Company) with Share India Securities Limited (Transferee Company). Both companies have their registered offices in Gandhinagar, Gujarat, and were incorporated under the Companies Act, 1956.

Public Notice Requirements

As per NCLT procedures, any person supporting or opposing the petition must send their intention to the tribunal and petitioners' advocates within 10 days of the petition date. Those opposing must provide grounds for opposition or an affidavit copy. The advertisements have been hosted on the company's website at www.shareindia.com for public access.

The latest filing was signed by Vikas Aggarwal, Company Secretary & Compliance Officer (M. No. F5512), and submitted to both BSE Limited and National Stock Exchange of India Limited as required under listing regulations.